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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (18692)8/5/1999 3:09:00 PM
From: LTK007  Read Replies (1) | Respond to of 56535
 
I will just watch you all make money,I have pretty well decided I am out for the time being,having too much fun just watching.
Noting an awful lot of people are calling this the bottom(on many different threads)--so must strongly stress I AM IN THE MINORITY here.
It is really interesting how quickly the bull/bear ratio can switch on a dime.
My position is simple,at some time this year we will be significantly lower than we got today.
I do have a responsibility to make a mimimum of 5k a month,so will have to shake myself from my laze phase and turn at least one good trade this month.
But wow did I learn a lesson today that MZ awakened me to---W
formations work beautifully on intraday basis also---to all look to see that W on the NASD today. Max